If you didn't make a nondeductible contribution, or conversion, or took a distribution from your traditional IRA then you do not need to file Form 8606.
Please be aware you only need to file Form 8606 if the following applies:
- You made nondeductible contributions to a traditional IRA for 2022, including a repayment of a qualified disaster or reservist distribution.
- You received distributions from a traditional, SEP, or SIMPLE IRA in 2022 and your basis in these IRAs is more than zero. For this purpose, a distribution doesn’t include a distribution that is rolled over (other than a repayment of a qualified disaster distribution (see 2022 Form 8915-F)), qualified charitable distribution, one-time distribution to fund an HSA, conversion, recharacterization, or return of certain contributions.
- You or your spouse transferred all or part of their traditional, SEP, or SIMPLE IRA in 2022 to the other spouse under a divorce or separation agreement where the transfer resulted in a change in the basis of the IRA of either spouse.
- You converted an amount from a traditional, SEP, or SIMPLE IRA to a Roth IRA in 2022.
- You received distributions from a Roth IRA in 2022 (other than a rollover, recharacterization, or return of certain contributions).
- You received a distribution from an inherited traditional, SEP, or SIMPLE IRA that has a basis, or you received a distribution from an inherited Roth IRA that wasn’t a qualified distribution. You may need to file more than one Form 8606. See IRA with basis under What if You Inherit an IRA? in Pub. 590-B for more information. (IRS Form 8606 Instructions)
@sandeeptt
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
